The True Void
Connect the dots and you may see a bigger picture.
Can we approach our challenges as having answers already known, without really knowing them?
Catch it early if we can.
Re-invent ourselves, even in retirement if need be.
Some traders have tried to malign us as scalpers, day traders, and incapable of understanding anything beyond the E-mini SP futures.
I am undaunted, as age is not a barrier to thinking.
Clarity of thinking is a must as a business man, and I will attempt the impossible: Show readers the power of fractal thinking as simply as possible.
On Friday I shared this chart on Stocktwits showing Fibonacci relationships.
This one was a bonus chart I also posted, with obviously a bit more detail.
I make no claim to discovering this stock. Last spring my best friend Kenny’s wife shared it with me, and it looked to me like three was support. I tossed the idea out to the loyal players in our Trading room, giving credit where credit was due.
“When your spirit is not in the least clouded, when the clouds of bewilderment clear away, there is the true void.”
– Musashi Miyamoto, The Book of Five Rings
We have about eight important metrics we consider to confirm our ideas.
How many do you use?
We offer a multitude of opportunities to capitalize on our thinking. For the little guy, the High Net worth Individual, or hedge fund or an institutional investor, we invite all of you to contact us with your needs.
Become unstuck from the prisons of conformity.
If the market was sub 700 in the Great plunge, then would a sequence trader be able to consider $ONVO as a template for learning part of the secret code?
Can our mind connect the dots, and see us as we emerged from the abyss?
Thirteen to Fifteen Hundred is now a distant memory, and we are knocking on the gates of the 1800 to 2100 zone.
Depending on others to provide us with “stocks” to buy is for those who have not yet learned how to think systematically.
Earlier in the year I remarked: The shorts can be squeezed as long as that gap below 1438 remains.
When traders proclaimed the market as “dangerous” earlier this year, we said 1552.75 support target achieved.
I remember that day quite well, as I was attending a family funeral. I left clear instructions for Team E to assume that support would hold.
This past week, we had the buy zone at 54 to 55.5 with a stop at 52.
These are facts, not boastful claims.
“There is nothing outside of yourself that can ever enable you to get better, stronger, richer, quicker, or smarter. Everything is within. Everything exists. Seek nothing outside of yourself.”
-Miyamoto Musashi, The Book of Five Rings
Some traders have been kind enough to include me in #FF posts with traders that have 15,000 to over 100,000 followers. I hope you won’t let the lack of followers for me sway you from listening to my message.
One of my best friends was Kenny, and we lost him almost two years ago to prostate cancer. He would be cheering for this champion named John.
This message is not about trading, it’s about finding our right livelihood.
Find the True void within you.
If John can do it, so can we.